Seasonal Lenders definition

Seasonal Lenders means the Seasonal Issuer and the Seasonal Bank.
Seasonal Lenders and "Seasonal Period."
Seasonal Lenders means (i) so long as the New Seasonal Line of Credit Agreement is in effect, the Banks, and (ii) so long as any Replacement Seasonal Line of Credit Agreement is in effect, the lenders party to such Replacement Seasonal Line of Credit Agreement.

Examples of Seasonal Lenders in a sentence

  • The Borrower shall, within one (1) Business Day, make a mandatory prepayment on the Principal Debt owed to the Lenders if, at any time, and to the extent that, (i) the Principal Debt owed to the Lenders other than the Seasonal Lenders exceeds the Maximum Facility Amount, (ii) the Principal Debt owed to the Seasonal Lenders exceeds the Seasonal Facility Amount or (iii) the Principal Debt exceeds the total Collateral Value of all Eligible Mortgage Collateral.


More Definitions of Seasonal Lenders

Seasonal Lenders means those financial institutions listed in Schedule 1.1(rr) to this Agreement as lenders under the Seasonal Commitment, together with their respective successors and assigns, and “Seasonal Lender” shall mean any one of the Seasonal Lenders.

Related to Seasonal Lenders

  • Additional Lenders has the meaning assigned to such term in Section 2.18(b).

  • Original Lenders shall have the meaning assigned to such term in the recitals hereto.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Additional Lender has the meaning set forth in Section 2.14(c).

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Original Lender shall have the meaning assigned to such term in the recitals.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Extending Lenders has the meaning specified in Section 2.08.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Tranche B Term Loan Lender means a Lender with a Tranche B Term Loan Commitment or an outstanding Tranche B Term Loan.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Institutional Lender means one or more commercial or savings banks, savings and loan associations, trust companies, credit unions, industrial loan associations, insurance companies, pension funds, or business trusts including but not limited to real estate investment trusts, any other lender regularly engaged in financing the purchase, construction, or improvement of real estate, or any assignee of loans made by such a lender, or any combination of any of the foregoing entities.

  • Required Facility Lenders means, with respect to any Facility on any date of determination, Lenders having more than 50% of the sum of (i) the outstanding Loans under such Facility and (ii) the aggregate unused Commitments under such Facility; provided that, to the same extent set forth in Section 10.07(h) with respect to determination of Required Lenders, the Loans of any Affiliated Lender shall in each case be excluded for purposes of making a determination of Required Facility Lenders.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).